George Fotion's Market Report
Rolling Hills Estates, CA 90274
Single-Family Homes
Call Realty | www.BestPalosVerdesHomes.com | 310.346.6467
Rolling Hills Estates, CA 90274
Wed Oct 04 2023
This week the median list price for Rolling Hills Estates, CA 90274 is $2,722,000 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has decreased to 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Real-Time Market Profile
| Median List Price | $2,722,000 | |
| Median Price of New Listings | $1,549,000 | |
| Per Square Foot | $943 | |
| Average Days on Market | 66 | |
| Median Days on Market | 46 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $6,550,000 | 5,257 | 0.25 - 0.5 acre | 4 | 5.5 | 2 | 0 | 0 | 77 |
| $4,550,000 | 3,974 | 0.25 - 0.5 acre | 4 | 4.5 | 24 | 0 | 1 | 108 |
| $2,199,000 | 2,632 | 0.25 - 0.5 acre | 4 | 3 | 60 | 0 | 0 | 70 |
| $1,549,000 | 1,900 | 0.25 - 0.5 acre | 3 | 2 | 64 | 1 | 0 | 21 |